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Dec 6, 2012 6:00am PST
a proposal for bonus and salary cuts to the union representing the company's workers. the restructuring plan would put in place after kepco executives sought government approval to charge higher electricity rates. they say the suspension of nuclear power plants is forcing them to raise prices. officials have proposed to cut workers' salaries by an average of 16%. they want to cut base wages by about 5% and to cancel summer bonuses next year. the proposal would also require the company to shut down some of its vacation facilities and corporate gymnasiums. kepco officials are looking to slash $1.9 billion in costs annually for three years starting next april. a government panel assessing the request for the rate increases will check the progress of restructuring efforts. >>> the commander of u.s. forces in japan says the osprey transport aircraft deployed in the southern prefecture of okinawa are now ready for full operation. but the aircraft's poor safety record has local citizens concerned. >> we've been flying safely now for two months, and i'm very proud of the marines that have been flyin
Search Results 0 to 0 of about 1